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Coinbase is decreasing the variety of confirmations required for a number of property on the platform. We anticipate this modification to each enhance buyer expertise and safety posture.
What’s modified
New affirmation necessities for Bitcoin, Litecoin, Ethereum, and Ethereum Traditional pursuant to the desk beneath:
Why we made these adjustments
Affirmation necessities for property are based mostly on many elements. These elements change over time similar to the property themselves. To make sure an excellent buyer expertise, Coinbase regularly evolves our safety posture and periodically amends affirmation necessities.
For Bitcoin, Ethereum, Litecoin, and Ethereum Traditional, it has been decided that affirmation necessities might be diminished. In apply, which means deposits will probably be confirmed on Coinbase quicker than earlier than whereas nonetheless assembly a excessive bar for asset safety.
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